Further information

Payment Options

Last updated on 7th December 2010

The cost of your challenge can be covered in these two ways.

Self Funded

You pay for the costs associated with your challenge and 100% of the funds you raise go to your charity. The Self Funded payment method is available for all challenges and for all charities. You will be informed of your charities preferred fundraising method when you sign up to your challenge.

Sponsorship Funded

Some charities allow you to take part in challenges for them using the Sponsorship Funded payment method. If you raise at least the “Sponsorship Requirement” by the “Sponsorship Deadline” then you can use some of your sponsorship to pay for the costs associated with your challenge - your charity pays the costs associated with your challenge and you get to take part in your challenge for free.

The sponsorship requirement is defined by your charity and is dependent on the costs associated with your challenge - the higher the cost the more you are required to raise. You will be informed on registration which of the following two fundraising methods you are required to follow:

Specified Fundraising: You are required to raise at least the cost of your challenge in offline (cash) donations. These cash donations are then to be used to pay for the cost of your challenge. The remaining sponsorship can either be raised online or offline (cash) and then passed to your charity.

Unspecified Fundraising: You can raise the sponsorship requirement in any way you like (online or offline). If you raise the sponsorship requirement by the sponsorship deadline then we send an invoice for the costs associated with your challenge to your charity and your charity will pay for the cost of your challenge.

Tags: payments, challenges, self funded, sponsorship funded,